Deutsche Bank : The bet on solvency only partly depends on Deutsche Bank
>Execution depends on factors outside Deutsche Bank’s control - Faced with the "tough" solvency constraint (CET1 > 12.5% vs 13.4% at the end of June), Deutsche Bank has effective control only over its costs to meet its targets. Thus, the 2022 costs target of € 17bn appears realistic, in our view. However, Deutsche Bank’s bet is largely based on parameters outside its control:Revenues: for the target structure ("core bank"), Deutsche Bank expects revenues of € 25b...Deutsche Bank is a holding company acting as an international financial service provider. Co. offers a wide variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Co. has operations or dealings with existing or potential customers in most countries in the world. Co. is organized into the following six corporate divisions: Global Markets (GM); Corporate & Investment Banking (CIB); Private, Wealth & Commercial Clients (PW&CC); Deutsche Asset Management (Deutsche AM); Postbank (PB); and Non-core Operations Unit (NCOU).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.